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Jalbert Incorporated Planned to Use Materials of $11 Per Unit

question 124

Multiple Choice

Jalbert Incorporated planned to use materials of $11 per unit but actually used materials of $13 per unit, and planned to make 1,590 units but actually made 1,780 units.
The flexible-budget variance for materials is ________.


Definitions:

Cable Television

A system for delivering television programming to viewers via radio frequency signals transmitted through coaxial cables or light pulses through fiber-optic cables.

Marginal Revenue

The extra profit gained from selling one more unit of a product or service.

Total Revenue

The grand total of funds acquired by a company through the sale of its goods or the delivery of its services within a predetermined interval.

Households

Entities consisting of one or more people living together who make joint decisions about consumption and finances.

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